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Joseph Wang & Mark Yusko: Week In Review: SBF, Powell, and Jobs | Weekly Roundup

Supply Shock

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I'm a Deflationist, Right?

I think we've hit an inflationary peak and that we're going to be right back to 2% next year unless if, if COVID zero goes away in China. We don't have it. I mean, oil prices could easily, easily approach a couple of Hondo and that would cause a crazy over response from investors. To me, that would be the final cathartic spike before the depression. There is always a commodity spike right before it happens.

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